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Data governance act

Na kratko 30-03-2022

Seeking to unlock the socio-economic potential of data, while preserving European rights and values, the EU is breaking new ground with its data governance act. The first of a set of measures announced in the European Commission's strategy for data, the act is designed to facilitate voluntary data sharing across the EU and between sectors, by strengthening mechanisms that increase data availability and foster trust in intermediaries. During its April plenary session, the European Parliament is due ...

The European Union is party to the Aarhus Convention on access to information, public participation in decision-making and access to justice in environmental matters. The Aarhus Regulation applies the Convention's provisions to EU institutions and bodies. In 2017, the Aarhus Convention Compliance Committee, reviewing implementation by the parties, found that the EU fails to comply with its obligations under Article 9, paragraphs 3 and 4 of the convention concerning access to justice by members of ...

The November I 2021 plenary session in Brussels was the first to be held without the use of remote voting since March 2020. During this mini-session, Parliament debated, in particular, a statement from the High Representative of the Union for Foreign Affairs and Security Policy/Vice-President of the Commission, Josep Borrell, on the escalating humanitarian crisis on the EU/Belarusian border, in particular in Poland. Members also heard an address by Filippo Grandi, UN High Commissioner for Refugees ...

Tax transparency has become an important tool in the fight against tax avoidance and tax evasion. Country-by-country reporting (CBCR) aims at requiring multinational enterprises (MNEs) to provide sufficient data to be able to distinguish what part of their activity is related to a specific country. The European Commission's proposed directive on CBCR was first tabled in 2016. Interinstitutional negotiations led to a provisional agreement in June 2021. The European Parliament is expected to vote on ...

This briefing provides an initial analysis of the strengths and weaknesses of the European Commission’s impact assessment (IA) accompanying the above-mentioned proposal, submitted on 3 June 2021 and referred to the European Parliament’s Committee on Industry, Research and Energy (ITRE). The proposal seeks to amend Regulation (EU) No 910/2014 on electronic identification and trust services for electronic transactions in the internal market (the eIDAS Regulation) in order to better meet the new market ...

This briefing has been prepared to support ECON’s work on scrutiny of the Delegated Regulation amending the RTS laid down in Commission Delegated Regulation (EU) 2017/653 on Key Information Documents (KIDs) as foreseen by Regulation (EU) No 1286/2014 on Packaged Retail and Insurance-based Investment Products (PRIIPs Regulation) . The Delegated Regulation was adopted by the Commission on 7 September 2021 together with two quick fix amendments of the PRIIPs Regulation and the Directive 2009/65/EC on ...

The original full study is a structured analysis of the current scientific evidence on the effects of sustainability reporting including non-financial performance indicators, stand-alone sustainability reporting as well as integrated reporting. It discusses the benefits and challenges particularly related to internal decision-making, external transparency as well as financial and non-financial/environmental, social and governance effects. Further, it offers policy recommendations in view of the ...

In 2017, the European Parliament adopted a Resolution on corruption and human rights in third countries (hereinafter ‘EP 2017 Resolution’) which included a set of practical recommendations on corruption and human rights in EU external relations. This briefing analyses the progress made by EU actors in implementing those recommendations. It focuses on development and human rights tools addressed in the EP 2017 Resolution, including EU funded projects and programmes, technical cooperation, EU human ...

A prospectus is a legally required document presenting information about a company and the securities that it offers to the public or seeks to admit to trading on a regulated market. The relevant EU legislation consists of a directive, adopted in 2003, amended in 2010, and finally replaced by a regulation in 2017. Drawing up a prospectus entails time and costs, which in the current economic context may deter issuers in distress from seeking to raise new funds, in particular equity. To remedy this ...

This report provides the findings of the study on “The Largest 50 beneficiaries in each EU Member State of CAP and Cohesion Funds” prepared at the request of the CONT committee. Based on the analysis of more than 12 million beneficiaries of the common agricultural policy (CAP) in 2018 and 2019 and about 600 000 beneficiaries receiving cohesion funds between 2014 and 2020 it identifies the largest direct and ultimate beneficiaries of EU funds. Moreover, it covers the results of an assessment of ...